Petroleum Consumption in Pakistan Declined by 15%
The petroleum industry of Pakistan had a gloomy first half of FY24, with sales of petroleum products falling by 15% …
Petroleum Consumption in Pakistan Declined by 15% Read MoreTag: Petrol
Petrol and Diesel Prices Increased, Shattering All Previous Records
The “caretaker” government has once again pushed through another hike in the prices of petrol by Rs 26.02 per liter …
Petrol and Diesel Prices Increased, Shattering All Previous Records Read More
Petrol Index 2023: Pakistan at the Bottom of Worldwide Petrol Cost Ranking
Picodi.com analysts examined the dynamics of petrol price change in Pakistan and around the world in the first half of …
Petrol Index 2023: Pakistan at the Bottom of Worldwide Petrol Cost Ranking Read More As Inflation Bites, Petroleum Sales Fall by Half in April
Overall oil sales in Pakistan fell 47% year over year in April to 1.171 million tonnes, while total sales fell 24% to 13.970 million tonnes in the July to April period of FY23.
As Inflation Bites, Petroleum Sales Fall by Half in April Read More
The Fuel Subsidy Proposal has Met Snags
The government’s plan to reduce the cost of fuel for motorcycles and small or low-engine capacity cars has encountered a snag since petroleum retailers are unwilling to join for fear of not being reimbursed on time.
The Fuel Subsidy Proposal has Met Snags Read More
Demand for Petroleum Products Drops by 16.5%
The overall demand for petroleum products in Pakistan has remained sluggish at 1.66 million tonnes amid an economic slowdown in the month ended October 31, 2022. This is a 16.5% drop when compared to the same period of last year.
Demand for Petroleum Products Drops by 16.5% Read More
Pakistanis Experiencing 52.2% Increase in Petrol Prices in Last 6 Months
Analysts at Picodi.com have examined the dynamics of petrol price change in APAC and around the world during the first quarter of 2022 and calculated how many liters of petrol one can afford for an average wage in Pakistan.
Pakistanis Experiencing 52.2% Increase in Petrol Prices in Last 6 Months Read More
PAC Recommends Reduction in Petroleum Prices
Public Accounts Committee (PAC) has recommended a reduction in the prices of petroleum products to provide relief to the people.
PAC Recommends Reduction in Petroleum Prices Read More
Petroleum Dealers Threaten to Shut Down Stations in Protest
Pakistan Petroleum Dealers Association (PPDA) has announced that it will be going on a nationwide strike as of 18th July 2022, shutting down petrol stations all over the country, in the wake of steeply rising fuel prices.
Petroleum Dealers Threaten to Shut Down Stations in Protest Read More
Petrol and Diesel Sales Fall After Price Hikes
The demand for petrol and diesel has dropped by 12% and 16% respectively in June 2022 compared to the previous month, in the wake of imposition of taxes by the new coalition government.
Petrol and Diesel Sales Fall After Price Hikes Read More